RailTel Secures ₹10.27 Crore Order from Indian Overseas Bank! 🚀

Hey there, finance enthusiasts! 👋

Big news from the digital infrastructure front! RailTel Corporation of India Limited (RAILTEL), a key player in India’s telecom and IT infrastructure, has just announced a substantial new order. The company has successfully secured a work order from the Indian Overseas Bank, a major public sector bank.

This domestic contract is valued at a whopping ₹10,27,11,362 (that’s over 10 crore rupees!), including taxes. It’s a significant win that adds to RailTel’s robust project pipeline. The work, which was received on July 10, 2025, is slated for completion by August 7, 2025. Talk about a quick turnaround! ⏱️

For those unfamiliar, RailTel is known for its extensive optic fiber network across the country, providing broadband and telecom services. Securing a tender from a large bank like Indian Overseas Bank underscores RailTel’s capabilities in delivering critical IT and network solutions to major institutions. This kind of order highlights the ongoing demand for reliable digital infrastructure, a space where RailTel continues to expand its footprint.

It’s always exciting to see companies like RailTel contributing to India’s digital growth story with such impactful projects! Keep an eye out for more updates from this space. ✨

source: Corporate Announcement

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